Regulatory Alerts2007-10-08
Policy Guidelines for Registration of Securities Companies and Brokers to Conduct Trading in Trinidad and Tobago Government Bonds
The Trinidad and Tobago Securities and Exchange Commission issues this guideline to establish registration requirements and operational conditions for securities companies and brokers authorized to trade Trinidad and Tobago Government Bonds. It categorizes existing Government Securities Intermediaries and registered brokerages, mandating that applicants demonstrate at least two years of relevant fixed-income market experience and appoint a qualified individual to oversee compliance. The framework also specifies registration fees of $5,000 for individual brokers and $10,000 for securities companies, while confirming that all outstanding government bonds are deemed registered under the Securities Industry Act 1995.
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